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State Street SPDR ICE Preferred Securities ETF

197 hedge funds and large institutions have $517M invested in State Street SPDR ICE Preferred Securities ETF in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 58 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 58

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

2% less funds holding

Funds holding: 200197 (-3)

7.85% less ownership

Funds ownership: 46.33%38.48% (-7.9%)

9% less capital invested

Capital invested by funds: $568M → $517M (-$51.5M)

Holders
197
Holders Change
-3
Holders Change %
-1.5%
% of All Funds
3.46%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.09%
New
25
Increased
78
Reduced
58
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$37.7M -$6.69M -155,103 -15%
Wells Fargo
2
Wells Fargo
California
$34.4M -$2.17M -50,294 -6%
PL
3
Protective Life
Alabama
$31.8M
CFG
4
CNO Financial Group
Indiana
$30.4M
AF
5
Allworth Financial
California
$24.5M +$4.44M +103,021 +22%
TCM
6
Tradewinds Capital Management
Washington
$24.2M +$24M +557,000 New
Ameriprise
7
Ameriprise
Minnesota
$21.7M +$5.8M +134,347 +37%
LPL Financial
8
LPL Financial
California
$21.3M +$1.12M +25,899 +6%
DF
9
Donoghue Forlines
Massachusetts
$20.9M +$1.67M +38,700 +9%
DJSG
10
D.J. St. Germain
Massachusetts
$18.5M +$1.13M +26,148 +7%
UBS Group
11
UBS Group
Switzerland
$16.9M +$431K +9,992 +3%
Morgan Stanley
12
Morgan Stanley
New York
$14M -$2.29M -53,064 -14%
Bank of America
13
Bank of America
North Carolina
$9.64M +$759K +17,603 +9%
MPWT
14
MassMutual Private Wealth & Trust
Connecticut
$9.06M +$1.01M +23,371 +13%
NC
15
NewSquare Capital
Pennsylvania
$8.86M -$249K -5,767 -3%
MML Investors Services
16
MML Investors Services
Massachusetts
$7.28M +$404K +9,371 +6%
GLA
17
Good Life Advisors
Pennsylvania
$6.51M +$6.46M +149,713 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$6.42M -$8.46M -196,040 -57%
PFS
19
Prospera Financial Services
Texas
$6.17M +$5.72M +132,679 +1,426%
CFGS
20
Concourse Financial Group Securities
Alabama
$6.01M -$197K -4,563 -3%
SDAM
21
Shulman DeMeo Asset Management
New York
$5.68M -$361K -8,364 -6%
MBTD
22
Mechanics Bank - Trust Department
California
$5.66M -$56.9K -1,318 -1%
MAFM
23
Mid Atlantic Financial Management
Pennsylvania
$5.51M -$483K -11,187 -8%
Qube Research & Technologies (QRT)
24
Qube Research & Technologies (QRT)
United Kingdom
$4.92M -$2.76M -63,883 -36%
BMM
25
Buffington Mohr McNeal
Idaho
$4.89M +$800K +18,543 +20%

PSK Hedge Fund Activity: Q1 2021 in Review

197 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2021, worth a combined $517M — down 9.1% from $568M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of PSK and 25 opened new positions — a net loss of 1 holder — while 58 trimmed existing stakes and 78 added.

The largest buyer was Tradewinds Capital Management, opening a new position worth an estimated $24M. The largest seller was State Street, cutting an estimated $28.3M.

  • 197 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2021, down from 200 in Q4 2020.
  • Funds reported $517M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2021, down 9.1% quarter-over-quarter.
  • 25 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2021 and 26 closed out, a net change of -1 holder.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2021 was Tradewinds Capital Management, an estimated $24M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2021 was State Street, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2021.